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By Rahul Paswan and Sarah Qureshi (GudangMovies21) - Gold prices continued to rise, reaching an all-time high on Friday as tensions escalated over the trade war after U.S. President Trump imposed new tariffs. Meanwhile, attention was also focused on the upcoming inflation data set for release later in the day. Bullion rose 0.6% to reach $3,075.77 an ounce by 11:08 AM Greenwich Mean Time, following an unprecedented peak of $3,086.21 earlier. The prices are set for their fourth consecutive weekly increase. U.S. gold futures increased by 0.1% to reach $3,081, following an intraday high of $3,124.4 earlier during the session. Ole Hansen, who leads commodity strategy at Saxo Bank, stated that "gold remains and will stay a long-term investment for buying and holding because of its capability to protect wealth and serve as an insurance policy during instability in other types of assets." "The market remains supported by strong haven demand amid tariff concerns...

By Anmol Choubey (GudangMovies21) - On Thursday, U.S. gold futures reached an all-time high as investors turned to this secure asset class amid rising global trade conflicts and falling stock markets after U.S. President Donald Trump declared additional tariffs on automobiles. U.S. gold futures increased by 1.1%, reaching $3,056.10, following an unprecedented peak of $3,065.50 during the trading session. Meanwhile, spot gold advanced to $3,047.89 per ounce at 09:10 a.m. ET (1310 GMT). Historically, gold has been viewed as a safeguard during times of economic and political instability and tends to perform well when interest rates are low. This year, gold spot prices have reached 16 new records, peaking at an unprecedented level of $3,057.21 on March 20th. "It seems we'll witness gold futures reach $3100 soon, primarily due to safe-haven buying," caused by uncertainties surrounding Trump's tariff proposals, explained Bob Haberkorn, senior market strategis...

By Anjana Anil On Friday, gold hit a record peak, fueled by uncertainties surrounding U.S. tariffs, escalating trade tensions, and increasing anticipation of the Federal Reserve’s plans for looser monetary policies. Spot gold decreased by 0.1%, trading at $2,984.29 an ounce as of 05:22 AM GMT. During the session, haven-seeking bullion reached an all-time peak of $2,993.80 and stayed close to the significant threshold of $3,000. Bullion is set for another week of gains, marking two weeks of increases, with a rise of 2.5% up to this point. U.S. gold futures increased by 0.2% to reach $2,997.90. "The cautious approach in the markets indicates that investors anticipate trade tensions will probably intensify further before easing, and they are once more seeking refuge in safe-haven assets like gold to protect their portfolios from increased volatility," explained IG Market Strategist Yeap Jun Rong. The most recent chapter in US President Donald Trump’s multifa...